Tag Archives: IMF

Lebanon Targets Wealthy Gulf Tourists to Revive War-Hit Economy

Lebanon is actively working to rejuvenate its tourism sector, aiming to attract visitors from the Gulf region as part of a broader strategy to revitalize its economy. The country is focusing on restoring its image as a prime destination for travelers, particularly from neighboring Gulf nations. In May 2025, the United Arab Emirates lifted its travel ban on Lebanon, a โ€ฆ

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Economy minister says all depositors will be repaid over time

Lebanonโ€™s Economy Minister Amer Bisat announced on Monday that depositors will eventually recover their funds, although the process may require time. His statement comes amid efforts to implement vital reforms to revive the countryโ€™s shattered financial system. Speaking to Bloomberg, Bisat expressed confidence that Lebanonโ€™s parliament would soon pass a long-awaited draft law to restructure the countryโ€™s banking sector. The โ€ฆ

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